Philadelphia, PA (CCN) – Cryptocurrency payment terminals have been popping up all over the country, and the biggest ones are now popping up in big department stores.
The first one opened in Philadelphia’s City Hall on February 23 and the other three in Denver on February 28.
In all, Philadelphia has over a dozen terminals across the city.
A spokesperson for the Philadelphia Department of Finance told CCN that the department plans to open more than 1,000 more by the end of the year.
He says that the new terminals will allow shoppers to pay for things like parking tickets and other non-cash transactions.
The department says that it’s the first time it’s opened a payment terminal in the city in almost two decades.
This is the first year that it will be the first city in the US to have a large number of payment terminals, said Joel Kallman, the department’s deputy chief financial officer.
In the past, payment terminals were limited to banks or credit unions.
Kallmann said that the terminals will help reduce the barriers for people who don’t have an account at a bank.
“The terminals are very convenient for people to come in and pay for stuff.
There are lots of things they can do online or over the phone that are easier for them to do,” he said.
It’s not just Philadelphia that has begun to embrace cryptocurrencies.
New York City, Las Vegas, Seattle, San Francisco, and Seattle’s own King County, which is home to some of the world’s largest banks, are among the cities that are using crypto-based payment systems to pay customers.
According to the US Census Bureau, there are roughly 1.3 million residents in King County.
Some residents, like Kallaman, are hesitant to use payment systems at the moment, but he hopes that by introducing new payment terminals and payment cards, they will bring more people to the digital world.
“It is great to see the city embracing cryptocurrency and we see that in other cities.
We think this is the next logical step,” Kaller said.
One of the terminals is a $5,000 card that can be used at the most popular department stores, like Macy’s, Starbucks, or Kohl’s.
“When people come in, they pay for everything, including parking tickets,” said Matt Taylor, the spokesperson for Kohls in New York.
“They get the free gift card, they get the gift certificate, and they get all their loyalty points.”
The kiosks have come at a cost to the city, though.
Kailash Narayan, a spokesperson for PayPal in New Jersey, told CCI that there were a number of glitches that prevented PayPal from accepting the cards at the first of the new kiosks.
The company has since fixed all the issues and will be accepting the new cards in all its stores by the start of the month.
Narayan also said that PayPal is working on a new digital card that will be a replacement for the $5.99 gift card.